Feng Yuanqing breathed a sigh of relief when he heard Xie Yang's silence on the other end of the phone.

No need to be blackmailed for tens of millions of dollars.

After calculation, it will cost 350 million more!

How much is Feng Electronics worth?

As for the money being paid through orders from Motorola, that takes too long.

"Mr. Xie, don't worry, I will reply to them right away. The price is too high and we can't afford it..."

In order not to embarrass Xie Yang and not accept the other party's blackmail anyway, Feng Yuanqing said hurriedly.

"No, promise him. If we miss this village, we won't have this store. Even if other suppliers are willing to sell to us later, I don't know how long it will be. We need time now... I'm going to ask for a down payment of 10 million U.S. dollars.

Let’s find a way. It’s not necessary now anyway, and their orders can be taken immediately. After you negotiate with them, prepare to adjust the production line.”

After Xie Yang finished speaking, he hung up the phone.

Feng Yuanqing was left holding the big brother there in a mess.

Spend hundreds of millions more at once!

Even though Xie Yang had told him before about the benefits of getting the chip production line at a loss.

Are the benefits really that great?

If you can't complete the imitation, you are just stretching your neck to let others kill you.

"how?"

Gan Jianing still looked confident of victory.

Looking at his expression, Feng Yuanqing wanted to tell him directly, if I don't accept your blackmail, get away as far as you can.

But there is no way.

Xie Yang said that no matter how high the price was, he had to pay it, and he also said that he would compensate for the extra part.

Even though he didn't know where Xie Yang got the funds from, Feng Yuanqing still felt that he should listen to Xie Yang.

There is no way, Feng's Electronics now owes too many debts, and the only choice is to follow Xie Yang's path until the end, otherwise, these debts will not be repaid at all.

"We accept your conditions. When can the production line be delivered?"

"After the contract is signed and the 10 million dollars are in place, we start packaging the equipment..."

Alex said.

They didn't expect things to go so smoothly.

······

"You want a loan? Didn't you just get hundreds of millions in your account?"

Sun Mingsheng looked at Xie Yang, a little confused.

Then he looked at Xie Yang with a shocked look on his face, "Have you spent all the 100 million again? Yes, your new company's office building has already started to be renovated, which consumes a lot of money..."

"It's not what Yanghong Technology needs. I've found a new customer for you."

Xie Yang said with a smile.

It is a fact that Yanghong Technology does not have sufficient funds, and everything is as he expected.

Sun Mingsheng looked at Xie Yang warily, "You are not starting a new company by yourself, are you?"

The possibility is great!

The financial situation of Yanghong Technology has always been ups and downs. Although the revenue is high each time, the sustainable profitability is very poor.

But spending money is like running water.

Every money was spent out within a few days of entering Yanghong Technology's account.

"Although I have a lot of shares, it is not my company. Feng's Electronics loan is guaranteed by Yanghong Technology. But it requires foreign exchange."

Xie Yang did not beat around the bush.

It is already difficult to get a loan of 100 million.

What's more, what they need is foreign exchange quotas that are even more difficult to obtain.

Sun Mingsheng didn't say anything, and he wasn't even surprised. Since Xie Yang asked for foreign exchange, he must be importing some equipment.

He was also a little surprised. Except for the foreign exchange that Xie Yang obtained from him and the import of some parts and components, Xie Yang had never introduced any equipment that could be provided in China. Even if the quality was inferior, Xie Yang always chose domestic products.

Although domestically produced products are of poor quality, they are cheaper in price.

Xie Yang actually wanted such a large sum of foreign exchange this time.

"Feng's Electronics is planning to introduce a 6-inch production line from Motorola. The photolithography machine uses a 450-nanometer process..."

Even if Sun Mingsheng didn't understand, Xie Yang introduced him.

"Is the chip production line so cheap? The earliest 742 Factory imported a 4-inch chip production line, which cost more than 30 million dollars. That was ten years ago!"

Sun Mingsheng looked at Xie Yang doubtfully.

He doesn't think that ten million dollars can buy a chip production line.

This thing is also a key project in the national 863 plan, but few companies are engaged in this.

Many companies want to form joint ventures and allow foreign companies to invest in chip production lines.

Every year, just the import of chips required for color TV production requires a large amount of foreign exchange.

"Where can I buy it for 10 million dollars? The total price is 120 million dollars! After conversion, it is more than 1 billion..."

Xie Yang smiled bitterly.

When talking about foreign exchange prices, the chip production line sounds huge enough.

But if you convert it into local currency, this is scary.

Over 1 billion!

"Where does Feng Electronics get its money? They don't all think about loans, do they? If nothing else, they may not be able to repay just the interest!"

Sun Mingsheng was anxious.

There was nothing he could do about such a huge loan.

"Even if you go to Zhou Qitong and the others, it's impossible!"

Looking at Xie Yang, he warned him seriously.

Xie Yang has always been a free man with no stable source of income.

This is the most unfavorable thing.

A 1 billion loan, even if the interest rate is only 7%, would cost 70 million a year.

How many companies can afford such interest rates?

This is also the reason why commercial banks want to lend money to Xie Yang, but Xie Yang himself is unwilling.

The interest rate is too high!

Xie Yang's calculation was quite good.

It seems that Xie Yang has been blackmailed.

Purchased a production line at a 50% higher price.

But if the loan is 1 billion, Yanghong Technology does not have enough collateral. Even if the production line is a high-tech project supported by the state, it is impossible to borrow so much at low interest rates.

That means higher interest rates need to be paid.

With an average interest rate of 10%, the annual interest is hundreds of millions.

If the amount is not paid, the interest will be compounded. In five years, the interest will far exceed the extra money given.

What's more, it is absolutely impossible to recover the investment in a chip production line in two or three years.

All in all, Xie Yang will save a lot.

"President Sun, don't worry, you only need to pay 10 million dollars. The rest of the money will be paid in the form of compensation trade, with Feng Electronics providing production OEM and some parts..."

"But the funds required for this are not a small amount! They need to build a new factory, right? Do they need to purchase materials for production? At present, can Feng Electronics' monthly gross income be five million?"

Sun Mingsheng's brows knitted together.

I feel more and more that knowing Xie Yang was a mistake.

I want to stay away from this kid.

The pit is getting bigger and bigger.

The initial loan amount is one million dollars, which is not a huge amount.

Later, he took the initiative to ask Xie Yang for 80 million, and the land provided by the management committee could be mortgaged.

As a result, Xie Yang got bigger and bigger the more he played.
To be continued...